NEW YORK, April 18 (Xinhua) -- Oil prices rose on Monday as reports of outages in Libya intensified concerns over supply risks.
The West Texas Intermediate for May delivery added 1.26 U.S. dollars, or 1.2 percent, to settle at 108.21 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery increased 1.46 dollars, or 1.3 percent, to close at 113.16 dollars a barrel on the London ICE Futures Exchange.
